McCain: I Am Suspending My Campaign Until I Have A Better Chance To Win

Via CNN:

Republican presidential candidate John McCain announced Wednesday that he is suspending his campaign to return to Washington and focus on the "historic" crisis facing the U.S. economy.

McCain said it was time for both parties to come together to solve economic crisis. McCain said it was time for both parties to come together to solve economic crisis.

The Arizona senator called on his Democratic rival, Barack Obama, to do the same. He also urged organizers of Friday's presidential debate at the University of Mississippi to postpone the event. "I am calling on the president to convene a meeting with the leadership from both houses of Congress, including Senator Obama and myself," McCain told reporters in New York. "It is time for both parties to come together to solve this problem."

There was no immediate response from the Obama campaign.

McCain and his running mate, Alaska Gov. Sarah Palin, were in New York to meet with world leaders at the United Nations. They had met with Georgian President Mikheil Saakashvili and Ukrainian President Viktor Yushchenko.

John McCain knows that Obama would EVISCERATE him in the debates.

UPDATE: Barney Frank reacts to McCain's announcement: "It's the longest Hail Mary pass in the history of either football or Marys." Priceless.